U.S. judge encourages PG&E deal with California wildfire victims; stock jumps
Utility PG&E Corp’s $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company’s...
Wall Street sustains record-setting climb on upbeat economic data
Wall Street stocks inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors’ confidence in the U.S. economy....
Boeing’s 737 production halt could dent U.S. first-quarter GDP
Boeing Co’s decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but...
FAA must boost oversight to address Allegiant Air maintenance issues: audit
The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at Allegiant Air, the 11th largest U.S. carrier, according to...
U.S. FAA must boost oversight to address Allegiant Air maintenance issues: audit
The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at Allegiant Air, the 11th largest U.S. carrier, according to...
UK regulator orders recall of fire-risk Whirlpool washing machines
Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country’s safety regulator...
Dongfeng to reduce PSA stake in merger deal with Fiat: sources
China’s Dongfeng Motor will have a reduced stake of around 4.5% in the new group resulting from the merger between Peugeot owner PSA and rival...
PSA board signs off on Fiat Chrysler merger: source
The board of French carmaker PSA , the owner of Peugeot, approved a binding agreement for a $50 billion merger with rival Fiat Chrysler ,...
Boeing’s halt to 737 MAX production could ding U.S. economy, jobs
Boeing Co’s decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact the U.S. economy and employment, but...
Sacklers withdrew over $10 billion in a decade from Purdue Pharma: New York Times
The Sackler family – owners of Purdue Pharma – transferred more than $10 billion in a decade from the OxyContin maker to its trusts and...